SDJ, Inc., has net working capital of $1,050, current liabilities of $4,300, and inventory of $1,300. What
Question:
SDJ, Inc., has net working capital of $1,050, current liabilities of $4,300, and inventory of $1,300. What is the current ratio? What is the quick ratio?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
The current ratio is calculated by dividing current assets by current liabilities In thi...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780072553079
6th Edition
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
Question Posted:
Students also viewed these Business questions
-
1.A firm has net working capital of $1,100 and current liabilities of $2,800. What is the current ratio? .98 2.56 .39 .72 1.39 Question 2 1.Top Sound, Inc., has total assets of $212,000, a...
-
1. ABC, Inc., has net working capital of $3,000, and current liabilities of $2,000. What is the current ratio? 2. Forks, Inc., has net working capital of $1,520, current liabilities of $4,000, and...
-
1. Positive Message (5 points) refer to your textbook "checklist: writing routine replies and positive messages. Write an example of a message that if kept too direct it might seem impersonal and not...
-
On April 15, 2020, Barrow Technology sold 2,000 shares of BrownCorporation stock for $45,000. As part of the sale, Barrow paid6%in brokerage fees. When Barrow purchased the shares, it paid $25per 2...
-
Scorzelli Motor Company has preferred stock outstanding and issued additional common stock during the year. 1. Give the basic equation to compute earnings per share of common stock for net income. 2....
-
Assume that the print time for a photocopier to copy 20 pages is uniformly distributed between 20.2 and 21.6 seconds. Find the following probabilities for 20 pages: Print time is between 20.4 and...
-
Conduct the following analyses for the Internet usage data given in Applied Problem 11-18 in Chapter 11. a. Find the simple correlations between the following sets of variables: Internet usage and...
-
What are some of the problems related to output that the committee is experiencing? What suggestions do you have for improving output to the committee? How can the budget constraints of the zoo be...
-
What variables affect the value of a stock according to the dividend-growth model? What role do earnings play in this model? How do interest rates and risk affect a stock's price in the Capital...
-
Use the balance sheets for Amazon.com (AMZN), Bethlehem Steel (BS), American Electric Power (AEP), and Pfizer (PFE) to calculate the equity multiplier for each company over the most recent two years....
-
Use the following information for Taco Swell, Inc., (assume the tax rate is 34 percent): For 2002, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. Sales...
-
An object falls under the influence of gravity near the earths surface. Which of the following statements is true? Explain. (a) Distance traveled increases by equal amounts in equal time intervals....
-
11! Find the value of each factorial.
-
You are cycling around a circular track at a constant speed. Does the magnitude of your acceleration change? The direction?
-
13! Find the value of each factorial.
-
A woman has ten skirts and five blouses. Assuming that they all match, how many different skirt-and blouse combinations can she wear?
-
What is the difference between a priori and a posteriori probabilities? Which is Bayess Rule used for?
-
Effective December 31, 2010, Zintel Corporation proposes to issue additional shares of its common stock in exchange for all the assets and liabilities of Smith Corporation and Platz Corporation,...
-
Compare and contrast debt financing and equity financing as ways of starting a new business. Does one have an overall advantage over the other? What situation is more favorable to the use of debt...
-
Simple Interest versus Compound Interest First Simple Bank pays 6 percent simple interest on its investment accounts. If First Complex Bank pays interest on its accounts compounded annually, what...
-
Calculating EAR you are looking at an investment that has an effective annual rate of 18 percent. What is the effective semiannual return, the effective quarterly return the effective monthly return?
-
Calculating Interest Expense you receive a credit card application from Shady Banks Savings and Loan offering an introductory rate of 2.5 percent per year, compounded monthly for the first six...
-
When the basis of accounting used in the budget differs from that in the Statement of Revenues, Expenditures, and Changes in Fund Balance, the two must be reconciled in Blank______. Multiple choice...
-
X Corp, a personal holding company, is owned by two individuals and has gross income as follows: $50,000 gross profits from sales, capital gains of $10,000, dividends of $5,000 from a 10% owned...
-
SteadyEddy Inc. reported the following numbers as EPS (Earnings per share) 2019 EPS 2.11 2020 EPS 1.99 2021 EPS 2.35 Calculath the EPS forecast for 2022 under the random walk and mean reversion...
Study smarter with the SolutionInn App